1 USD+SILI = 83.3 INR Interbank/ mid-market Rate at: 03-12-2023 22:58:54
Customers will no longer have to struggle to find the actual US Dollar exchange rates today in Siliguri. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time US Dollar exchange rates today in Siliguri. Customers have the choice to book their order at live rates or at US Dollar exchange rates today in Siliguri that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes USD currency notes, USD forex cards, USD traveler's cheques and USD money transfer and remittance services using USD DDs and USD wire transfers. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's USD rate in Siliguri', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's USD rate in Siliguri' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the USD is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's USD rate in Siliguri' which are much higher. Charging 'today's USD rate in Siliguri' provides a cushioning effect to avoid incurring losses due to USD price fluctuation in the market because just like stocks USDs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's USD rate in Siliguri' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
So logon now and use our interactive order entry cart below.